Raoul Pal explains in this interview…..India has taken a lot of the friction out. There will always be corruption, but
they’ve taken a ton of the friction out of the economy. All of the people taking that kind of tax from you, that frees up spending, income, velocity of money. It gets things going around. It gives the government cash to build more infrastructure to get things moving around faster. To get the trucks on the road. Suddenly, you see a light for India that wasn’t there